This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Panelists included Ariel Cohen , CEO of travel management firm TripActions ; Bob Youakim , CEO of Passport , which focuses on transportation management software; Chris Ward , head of Products and Innovation, Treasury Management at PNC ; and Sunil Sharma , chief technology officer and chief product officer at freight management firm Cargomatic.
DSE in Transportation. Heightened emphasis on building in sustainability and ESG compliance for network operations. DSE and RevRec Compliance , DSE Data Volume, Velocity, Density and Complexity. Previous episodes in this series include: DSE in the Media and Entertainment industry. DSE in the Semiconductor Industry.
Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance. A chassis is a carriage designed to enable trucks to transport ocean containers once they arrive at a port.
While some of the first industries leading the way on DSE were telecom , media streaming , and SaaS , we've seen a proliferation into diverse arenas such as semiconductors , medical devices , electronics , energy , transportation , utilities, and more. Some of the other real-world benefits of BRIM-enabled DSE offerings are shown below.
Concurrently, Walmart is reportedly also upping delivery compliance requirements in North America from 90 percent to 95 percent. Walmart first announced delivery compliance standards in 2010, which required items “must arrive by date” (MABD) for all merchandise from suppliers, who were given six months to comply. The good news?
In this ongoing series about the Digital Solutions Economy™ (DSE) previous episodes have focused on DSE for specific industry segments such as DSE in telecom , media , electronics , medical devices , software/SaaS , semiconductors , transportation , energy , and utilities.
An EMS is effectively a bridge between sales and provisioning, with linkage to backend accounting and revenue compliance systems. They don't want to worry about or deal with the inherent complexity required in the backend to assure provisioning, delivery and associated revenue compliance issues.
In recent years, it’s this need for regulatory compliance — and not necessarily a desire to digitize and embrace technology — that has encouraged fleets to adopt ELDs, telematics, IoT and other innovations that vow to transform the industry. Financing ways to make using the ELD valuable as a business asset is important.”.
For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. Such initiatives should drive eInvoicing, he said, with integration to state-owned hubs through which invoices must be validated.
Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.
We also met with many forward-looking companies seeking to accelerate their digital transformation roadmaps, launch new Digital Solutions Economy™ offerings, and/or optimize their compliance programs. along with ERP, finance, and revenue recognition functions within the overall SAP ecosystem.
As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.
Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.
The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.
In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates.
Add to the equation the growing burdens of regulatory compliance stretching across anti-money laundering and know your customer efforts … and record-keeping can become daunting even with the best of efforts. To that end, bBiller seeks to take out the “middlemen” of supply chain activity tied to finance and accounting.
Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.
The latest stats from travel and expense company Certify revealed that Uber secured 56 percent of ground transportation expenses for Certify customers in 2017, up from 52 percent in 2016. The B2B ground transportation segment also has to cater to the differing corporate cultures around the world.
Cross-border trade introduces a whole host of challenges for suppliers and corporate buyers, from logistics to risk to compliance. Compliance is an especially critical component of going global, Maley said. “As In fact, it’s often a necessity to stay competitive. Brexit is a prime example of this complexity. With the U.K.
For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.
Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. Moreover, merchants also play a role in the adoption of digital platforms as relevant segments such as the public transport system should be able to adapt to the digital economy.
One firm, FoodLogiQ , a software as a service (SaaS) provider, seeks to boost transparency in the food supply chain, offering technology that improves traceability from end to end, with focus on compliance. Compliance, of course, remains top of mind and urgent in practice.
Blockchain startup aXpire, which develops corporate spend management solutions, announced it raised $20 million as it looks to expand its product development into new markets beyond finance, including food and beverage, travel and leisure and transportation.
Travel by train was a mode of transportation perceived by many as outdated as the horse-drawn carriages that first pulled rail cars on them, but Buffet observed the role that railroads played in driving economic growth because of the efficient, low-cost and reliable way they moved goods across the country.
Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. Over its six years of operation, the lab has nurtured more than 60 startups.
Of course, looking back now with the global commodity crisis, transport being at an all-time high, raw material costs also being, in. Like IFRS I think there’s going to be some alignment of standards, I think there’s going to be more compliance. The main reason for this was to expand our market into the north and southern Americas.
In order to reach compliance in the simplest way possible, it takes more than just reading a summary of the new rules and regs. Potential Penalties – An employee has a right to file a complaint with the Department of Labor or in court to enforce compliance, and to seek monetary penalties for violations. Effective as of January 1, 2024.
End-to-End Quote-to-Cash-to-Compliance Processes for DSE When Bramasol first coined the term Digital Solutions Economy (DSE) in May 2021 , we already knew that the challenges of managing new recuring revenue streams involved much more than just focusing on subscriptions at the customer-facing front-end.
Conpends TradeAI and Cleareye.ais ClearTrade bring efficiencies to trade finance processing, enabling banks to improve operational productivity by automating stringent regulatory and compliance processes and highly manual and paper-intensive operations. Integro Technologys SmartLender provides a comprehensive trade-limits management offering.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content